How are you doing? Hope everyone is having an awesome day. We are making great leaps and bounds on Swarm, and it's time to give you the latest enws with the February 6th edition of the Swarm Newsletter.

Swarm has live product, an active global community, and gratitude - It's the Swarm Newsletter for February 6, 2018

Happy February, dear community!Let's dig right into the highlights from Launch Week:

Product

We launched our MVP (alpha release) on the evening of Monday, January 29th. It felt incredible throughout the day to see the community support on our Telegram, with people from all corners of the world waiting in anticipation.

Within the first hour, we had 84 users create accounts from 28 different countries.

Within the first 24 hours, we had a whopping 1,450 users from 53 different countries.

And the numbers are growing every day.

The success of our launch was fueled by the authentic relationships we have with our supporters - this includes friends, family, ambassadors, professional connections, fellow blockchain projects, our online community and the new friends we meet at every event we attend worldwide.

We want to sincerely thank each and every one of you for supporting Swarm as we grow together. Your support, feedback and authenticity helps us be a better project every day.

Create a User AccountDeposit cryptocurrency into your WalletBrowse, explore, and *invest* in featured opportunitiesAccess real-time support from the team

Airdrop

Thank you to everyone who signed up over the course of last week. For those of you who created an account between Monday, January 29th - Feb 4th 11:59pm SST, you will receive a 100 SWM Token airdrop into your SWM wallet on the platform by February 29th, 2018. No further action is needed at this time.

Swarm on Bancor

We’re also thrilled that SWM is now live on the Bancor Network. As you may know, this allows SWM to be instantly converted for dozens of other tokens without an exchange, counterparty or added fees.

Check out the Bancor Web App here http://[Suspicious link removed]/2C17mdx, and here is a nice tutorial on how to use it: http://[Suspicious link removed]/2FSsAg2 .

Airdrops: Fair or Unfair?

We have spoken some in the community who were unhappy about the airdrop, since new supporters are receiving free tokens for creating an account on the portal. We believe it benefits everyone to have as many people using our Alpha release as possible, helping us iterate quickly and continuously improve. The airdrop helped us do just that. As SWM token hodlers, it is in your interest for the platform to be growing and active - remember every transaction will require SWM, and every incentive will be funded by SWM. It is also in everyone's interest for the foundation to be responsible with the budget. Some projects spend millions of tokens (and dollars) on hype & promotion without even having a live product, often giving influencers large piles of free tokens. We wanted to incent real users to come join the community and spread the word, and have focused much of our spending on product.

We also aim to be inclusive, which is why this airdrop was open to everyone, not just new members of the community. And as it worked out, the highlight of the airdrop for us has been that it has not dominated the discussion online. The bulk of the discussion has been about the product, and we are so appreciative of all the detailed feedback on the alpha, bug reports, and questions and ideas about investment opportunities. Keep em coming!

United States Crypto Landscape

On the tip of everyone's tongue in the US blockchain space is the movement this week in the regulatory environment. Today, the Senate Banking committee is meeting to discuss the regulatory oversight role of the SEC and CFTC when it comes to crypto and virtual currencies. This meeting is rumored to become a greenlight for institutional investors. ETH is back over 700 at the moment, so let's see if this is a start of a rally.

The Securities and Exchange Commission (SEC) is an independent agency of the US government which regulates the securities industry and stock and options exchanges. The Commodity Futures Trading Commission (CFTC) regulates futures and options markets. An institutional investor is defined as a large organization, such as a bank, pension fund, labor union, or insurance company, that makes substantial investments on the stock exchange.

The walls are coming down, people. The cryptocurrency space will soon become open to the same players that dwell in the world of traditional finance. And just as it benefits SWM hodlers for more people to come onto the platform, it benefits us all for more investors to jump into crypto.

The question is, where can an individual investor find sovereign stability in the ever-changing market?

This is really good news the team is getting very close to make this possible in coming days this platform will get more attention. Now it is good sign to buy more while it's still undervalued as compare with big potential behind this project.

Thanks for the share, but how influential this site is, if it has big followers then it can definitely help swarm to grow.Right now, I am not impressed yet due to the slow listing in big exchanges, the current exchanges does not really create good volume, maybethey need to try to risk in bigger exchanges despite paying a big amount of money, I believe they raise a good amount during the ICO.

This is really good news the team is getting very close to make this possible in coming days this platform will get more attention. Now it is good sign to buy more while it's still undervalued as compare with big potential behind this project.

Thanks for the share, but how influential this site is, if it has big followers then it can definitely help swarm to grow.Right now, I am not impressed yet due to the slow listing in big exchanges, the current exchanges does not really create good volume, maybethey need to try to risk in bigger exchanges despite paying a big amount of money, I believe they raise a good amount during the ICO.

We hope the community understands that we are not able to comment on trading and transfer of Swarm Tokens for legal and regulatory reasons. We also need to be clear that transfers are not currently allowable in the US or to US persons unless in compliance with an exemption under the securities laws. Purchasers have to make that determination themselves. Non-US purchasers should check the laws of their home country to ensure they are in compliance with any laws restricting transfers.

Have anyone got a profit on it, I think this project has been for a long time, only to get more income to attract more people

I am not in profit yet because the price has not pump yet, I'll be patient and I will continue to hold until such time my targetwhich is $10 will be high, anyway, we do not have a great volume yet, we should wait for bigger exchanges for easy liquidation.